Wells Fargo Releasing 2,300 Mortgage Employees

The biggest home lender in the United States is now in a position where they have to let go of 2,300 of their mortgage employees. Jennifer A. Temple, a spokeswoman for Wells Fargo & Co. (WFC) announced that employees received their 60-day notices, and that the company is working to retain employees by finding other … Continue reading Wells Fargo Releasing 2,300 Mortgage Employees

UPS to Drop 15,000 Spouses from Employee Healthcare Plan

By Natasha L. Foreman According to an article written by Jose Pagliery for CNN Money, United Parcel Service (UPS) intends to drop 15,000 spouses from their employee healthcare plan, and the company blames "ObamaCare" (Affordable Care Act) for their decision. Simply put, spouses who are working and eligible to receive insurance through their jobs are … Continue reading UPS to Drop 15,000 Spouses from Employee Healthcare Plan

U.S. Manufacturers Regaining Competitive Edge

The Wall Street Journal has reported that U.S. manufacturers are gaining ground and working hard to turn things around after struggling for more than ten years to remain competitive against China, South Korea, and other "export powerhouses". According to Ernest Preeg, an economist and trade expert, this is greatly influenced by the narrower trade deficit … Continue reading U.S. Manufacturers Regaining Competitive Edge